The Essex Chapter is proud to offer its Annual Tax Seminar. Hear an update on all areas of taxation at this popular one-day event. Together with industry experts, explore the latest in state, federal, and business taxation. Don't miss this timely update before the chaos of tax season ensues!
BENEFITS
Earn 5 CPE credits in TX.
HIGHLIGHTS
7:30 - 8:30am
Registration, Breakfast & Exhibitors
8:30 - 8:35am
Welcome and Introduction
Joe Pasquino, CPA - Smolin, Lupin & Co., P.A.
Essex Chapter President
8:35 - 9:30am
NY Tax Update
Joe Endres, Esq. - Hodgson Russ LLP
In this presentation, Mr. Endres will review NY’s response to the TCJA, including New York’s new Employment Compensation Expense Program, its charitable contribution program, and its proposed state-wide Unincorporated Business Tax. Mr. Endres will also review new legislation enacted during the previous year as part of the state budget. Finally, Mr. Endres with discuss new enforcement initiatives being conducted by the New York State Department of Taxation and Finance and the New York City Department of Finance.
9:30 - 10:30am
Corporate Tax Update
Len Nitti, CPA - Wilkin & Guttenplan, P.C.
This session will address:
- New interest expense deduction limitations
- Enhanced Bonus and Section 179 depreciation
- Changes to net operating loss deductions
- Impact of Wayfair v. South Dakota on businesses
10:30 - 11:00am
Break & Exhibitors
11:00am - 12:00pm
New Jersey Tax Update
Alexis Reid - NJ Division of Taxation
Hear a discussion on recent changes and updates to income tax, business tax, and miscellaneous topics affecting New Jersey taxpayers. Hear about happenings and resources from the NJ Division of Taxation, including website improvements, internal training, and helpful contact information.
12:00 - 1:15pm
Individual Tax Update
Len Nitti, CPA - Wilkin & Guttenplan, P.C.
This session will address:
- Calculating the new qualified business income deduction
- Changes in itemized deductions
- New limitation on deducting net business losses
- Increased child tax credit
COURSE LEVEL
Update
PREREQUISITES
None
ADVANCE PREPARATION
None
ADDITIONAL NOTES
This program is NOT part of Essex Chapter's Season Pass.
Early birds save $10 - late fee applied after 11/9.
FOOD DRIVE
The Essex Chapter is sponsoring a food drive during our Annual Tax Seminar. Your donations of non-perishable food items are greatly appreciated or purchase a bag of groceries on site for $5. All contributions will be sent to The Human Needs Food Pantry of Montclair.
For course materials, please visit your My Events page. Handouts are added as received, remember to check back for updates.